Cisco’s seventh annual Companion Innovation Problem has ascended to international prominence, charming companions from an astounding 96 international locations and distributing over $3.3 million USD in collective rewards. Final 12 months we witnessed a outstanding surge, with a 68 p.c improve in new accomplice submissions. This can be a testomony to Cisco and our companions being higher collectively and the boundless creativity, experience, and fervent dedication that exists inside our accomplice technical group.
Harnessing Cisco’s open platform, companions are empowered to leverage APIs and options, delivering substantial worth to prospects whereas carving out their very own area of interest out there. On the core of Cisco’s Companion Innovation Problem lies a mission to drive unparalleled buyer experiences via innovation, alternative, and distinctive folks. Annually, this problem unites us in a shared endeavor to deal with challenges, domesticate software program innovation expertise, and optimize enterprise options and profitability on the Cisco platform.
Prizes Await the Visionaries
An esteemed panel of enterprise and technical consultants, comprised of Cisco staff and representatives, will assess submissions based mostly on innovation and creativity (30 factors), technical achievement (30 factors), buyer profit (20 factors), market potential (10 factors), and high quality and presentation (10 factors). The Companion Innovation Problem provides substantial rewards: World Grand Prize ($200K USD), World 2nd Place ($100K USD), and World third Place ($50K USD). Moreover, APJC awards a complete of $240K (USD), with $40K USD allotted to every of its six regional winners in ANZ, ASEAN, Higher China, India, Japan, and Korea.
Increasing Award Classes and Prizing
Cisco companions can earn extra recognition and funding for his or her endeavors. This 12 months, we introduce a brand new award class for Synthetic Intelligence (AI), that includes a $200K USD prize. With AI remaining a focus for companions and prospects alike, Cisco celebrates those that leverage this expertise to generate impactful outcomes. Notably, 41 p.c of final 12 months’s submissions included AI, highlighting its significance in attaining desired outcomes. Analysis standards for this class will give attention to innovation, influence, Cisco alignment, technical feasibility, and scalability—every weighted equally at 20 factors.
Within the earlier 12 months, the Partnering for Function award class skilled overwhelming participation, with 88 p.c of submissions falling underneath its purview. This underscores our companions’ dedication to innovation that transcends revenue, aiming as a substitute to make an enduring, constructive influence on the world. The Partnering for Function class provides a $50K USD prize for the very best Environmental Sustainability innovation, and $50K USD throughout the different classes: Digital Inclusion, Worker Expertise and Financial Empowerment, and Disaster Response and Essential Human Want.
Vital Dates
All Companion Innovation Problem submissions have to be submitted by September 6, 2024. Analysis can be accomplished by October 6, 2024, with winners introduced at Companion Summit in Los Angeles, CA, October 28 and 30, 2024.
As companions proceed to harness the transformative energy of programmability to satisfy business and buyer calls for, we eagerly anticipate witnessing these winners form and evolve their groundbreaking improvements. The Companion Innovation Problem underscores our steadfast perception within the paramount significance of early collaboration in our journey with companions and prospects, reworking potentialities into realities.
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